Let’s Field an All Late-Round Team
At this point, it shouldn’t surprise anyone to hear that Major League Baseball is highly adept at saving money on the backs of people without a seat at the table. Amateur players often bear the brunt of those machinations, and without a real voice in the collective bargaining process, they’ve seen their negotiating rights and earning potential limited by bonus pools, restrictions on major league contracts, and shrinking negotiation windows. Sometimes, these measures have seemed almost gratuitous, like when the Phillies, unable to sign Ben Wetzler in 2014, decided to report him to the NCAA for having legal representation.
The March agreement between MLB and the Major League Baseball Players Association on how to resume the season (and what to do if there isn’t one) cut the amateur draft to the bone. The draft was reduced from 40 rounds to a maximum of 20 (MLB later settled on the minimum of five), slot values remained at their 2019 levels, signing bonus payments were deferred to July 2021 and 2022, with a maximum of $100,000 due to each player in 2020, and undrafted players had their bonuses capped at $20,000 (previously, players could receive $125,000 without it counting against a team’s draft pool).
The question is: What kind of talent will this cost baseball long-term? Baseball’s draft is an uncertain exercise compared to the NBA’s or the NFL’s. While those leagues have their own share of undrafted stars — in much shorter drafts — baseball has a long history of franchise stalwarts who weren’t in the top 300, 600, or even 800 players taken.
With the bonus restrictions on undrafted players, baseball is sure to lose a piece of its future. Many of these players will still end up in baseball eventually, but with only minuscule bonuses, which many players desperately need to justify seeking baseball careers because of the anemic minor league salaries, a lot of players will not. Read the rest of this entry »